FINANCIAL REPORT 6 Months ended 31 st August

FINANCIAL REPORT 6 Months ended 31 st August 2020 It is a church council wish that the congregation are brought up to date with the state of the finances every six months. “But who am I, and who are my people, that we could give anything to you? Everything we have has come from you, and we give you only what you first gave us !” (1 Chronicles 29: 14)

My Previous Financial Report The 6 th March 2020 We were on a High: The 2019 Grace Offering an all time record of R 584 025. 00 We had money in the Bank R 705, 491. 00

COVID_19 On the 26 th March 2020 We landed in a Lockdown Level 5: “STAY AT HOME, STAY SAFE” No more Church Service No Fellowship meetings Even Business’s came to a Halt. we saw Job losses, Salary cuts and people dying

Income Statement Church Collections August 2020 R 49 712. 00 Budget R 94 647. 50 Down by 47, 48% The same percentage with regard to Caritas and other Income

Income Statement Monthly Offering August 2020 R 350 290. 00 Budget R 350 000. 00 GREAT !! Thanks Brothers & Sisters for keeping the Debit orders in force

Income Statement Grace Offering October 2019 R 584 025. 00 Prior to launch August 2020 R 57 784. 71 What do we expect ? ? ? Our 2020 Budget R 350 000. 00

Income Statement Some Smaller amounts Fund Raising events R 00 Interest Received R 19 379. 45 Rental Income R 3 900. 00 Down by 49, 1%

On The Expense side WE HAVE 6 PORTFOLIO’S Buildings & Facilities - Expense down by 30. 91% Finance & Administration down by 11, 27% Hospitality down by 70, 91% Outreach (Food Parcels & Tshwane place of Safety) We are on Target “If you help the Poor, you are lending to the LORD - and he will repay you !” (Proverbs 19: 17)

CASH ON HAND & IN THE BANK Cash on Hand R 921. 40 Current Account R 74 013. 49 Money Market a/c R 522 130. 85 TOTAL R 597 065. 74 February 2020 R 705 491. 04 No Debt / No Bond over our Property

WHAT DO WE NEED TO DO ? We ask every member of this congregation to support our Grace Offering for 2020 You must each decide in your heart how much to give. And don’t give reluctantly or in response pressure. “For GOD loves a person who gives cheerfully. ” (2 Corinthians 9: 7) “Whatever you give is acceptable if you give eagerly. And give according to what you have, and not what you don’t have”. ( 2 Corinthians 8: 12).

Thank You “And don’t forget to do good and to share with those in need. These are the sacrifices that please God. ” (Hebrews 13: 16) May GOD bless you in all your dreams throughout 2020/2021